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Bulls Need Close Above A$1.5393...>

EURO-AUSSIE TECHS
EURO-AUSSIE TECHS: Bulls Need Close Above A$1.5393 
*RES 4: A$1.5526 - High Dec 20
*RES 3: A$1.5467 - Hourly support Dec 21 now resistance
*RES 2: A$1.5441 - Hourly resistance Dec 21
*RES 1: A$1.5393 - Low Dec 21 now resistance
*PRICE: A$1.5337 @ 2030GMT
*SUP 1: A$1.5275 - Low Dec 27 
*SUP 2: A$1.5195 - Low Nov 13 
*SUP 3: A$1.5186 - 100-DMA 
*SUP 4: A$1.5079 - Monthly Low Nov 9
*COMMENTARY: Pressure on the bull channel base & 55-DMA (A$1.5359) took its toll
with a close below A$1.5319 confirming a shift in immediate focus to
A$1.5079-1.5195 where the 100-DMA is noted. O/S daily studies remain the key
concern for bears. Layers of resistance are accumulating and adding weight to
the bearish case. Bulls look for a close above A$1.5393 to ease immediate
bearish pressure and above A$1.5586 to return focus to tests of 2017 highs.

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